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Buying & Selling Real Estate

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Jack B.
  • Rental Property Investor
  • Seattle, WA
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Inherited wealth vs. earned wealth

Jack B.
  • Rental Property Investor
  • Seattle, WA
Posted Oct 22 2017, 13:07

The 3 million in real estate I own, half of which is equity, was earned. I stood on my own two feet since 18, paid my own way and bought the houses with 100% of my own money that I saved from a high income career I had built.

Fast forward 7 years later, a slovenly, low income guy at my company just inherited enough money to buy a hand full of houses from his wife's family...

It really is amazing how just mere luck can catapult some people...Mind you he is still nowhere near my net worth, but still, it stings a little to see someone just get a huge leg up by chance...

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